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Contact Us : 800.874.5346        International: +1 352.375.0772

What are the CMA exam dates?

The Certified Management Accountant (CMA®) exam is offered in three two-month testing periods each year: January–February, May–June, and September–October. The deadline to register for a given CMA exam window is on the 15th of the last month in that window. You can then schedule your CMA exam date for any time within that window.

Between selecting a CMA testing window, choosing which exam part to take first, and scheduling your testing appointment, locking in your CMA exam date can be stressful.

Let us walk you through the process of choosing a testing window, registering for your chosen window, and booking your CMA exam testing appointment.

CMA exam testing windows

First, here’s a look at the three testing windows for the CMA exam and their registration deadlines.

Testing Window 1:

January–February

Registration Deadline:

February 15

Testing Window 2:

May–June

Registration Deadline:

June 15

Testing Window 3:

September–October

Registration Deadline:

October 15

Deciding when to schedule your CMA exam date

Some candidates prefer to schedule their CMA exam date immediately, while others prefer to study for the exam and schedule once they feel ready to test. We’ve broken down the pros and cons of each below to help you decide which approach is best for you. 

Scheduling early

Pros:

  • Having a due date can provide motivation throughout your studies
  • You’re more likely to get your preferred exam day, time, and testing location
  • You’ll have less stress and potentially shorter travel time on exam day

Cons:

  • If you underestimate your study time or something comes up, you’ll need to reschedule your exam and potentially pay fees
  • If you overestimate your study time, you may need to spend extra time refreshing topics you already studied
Waiting to schedule

Pros:

  • You know you’ll be prepared on exam day
  • You’ll potentially save money by avoiding rescheduling
  • You won’t be distracted by a stressful deadline while you’re studying

Cons:

  • It can be tempting to procrastinate if you don’t have a deadline
  • You may be less likely to get your preferred exam day, time, and testing location, which can cause undue stress
  • If your studies end between testing windows, you may need to wait a couple of months before the CMA exam is available again

What part of the CMA exam should I schedule first?

You can take the two parts of the CMA exam in any order, but we typically recommend candidates take Part 1 first. Part 1 can provide you with the foundational knowledge required to study for Part 2. This will help you maximize your study time and learn all of the exam content efficiently.

You should review the topics tested on each part of the CMA exam and determine which part you’re more familiar with, because there are two exceptions in which it may be beneficial to take Part 2 first.

Working Professionals

If you’ve been working in the fields of corporate finance, financial planning, commercial or investment banking, or money management for at least a few years, your experience may give you a head start on Part 2 topics.

Students

If you’re a junior in a university accounting program, your fall and spring semester courses can really help you get ready for Part 2, so we recommend you sit for Part 2 during the summer before your senior year.

Everyone Else

For early-career professionals or those making a career change into accounting, Part 1 can help you prep for Part 2. We recommend taking Part 1 first to put yourself on the most common path to passing the CMA exam.

Anyone can pass the CMA exam with adequate preparation, so taking the part that requires the least study time or the one that you’ll find it easiest to set aside time for will make your first time testing much easier. After you pass one part, you’ll have the confidence you need to keep going. 

The Institute of Certified Management Accountants (ICMA®) releases Content Specification Outlines that cover what’s tested on the CMA exam and can help you decide which part best corresponds to your experience or which interests you the most.

How do I schedule my CMA exam?

Setting your CMA exam date is a multi-step process. First, you have to be an IMA member, enroll in the CMA program, and pay for your exam. After you’ve registered, you can schedule an appointment for a specific day with the testing provider, Prometric.

1. Join IMA

The Institute of Management Accountants Opens in new window, is the organization that administers the CMA certification. It’s required for you to be an IMA member in order to take the exam and earn your certification. IMA membership also comes with perks like discounted and free continuing education options, networking opportunities, and access to a worldwide community of management accountants.

When you join, you’ll choose a membership type between: Professional, Student, Academic, or Corporate. Each membership type has its own fees and benefits. Learn more on our CMA exam costs page. 

2. Enroll in the CMA program

Once you’re an active IMA member, you’ll need to enroll in the CMA program by paying the CMA entrance fee, which varies depending on your membership status. Once you’ve paid the program entrance fee, you’ll officially be a registered CMA candidate, which means you’ll be able to move on to the next step of paying for the CMA exams. 

3. Pay the CMA exam fees

You’ll pay for both parts of the CMA exam individually, but you can take them in whatever order you prefer. You’ll have six months from the date your payment is complete to sit for your exam. Once your payment is complete, you’ll receive an email from IMA with your exam authorization code and details about your eligibility window.  

4. Schedule your CMA testing appointment

Before you can schedule your appointment, you’ll need to determine which testing window to take your exam in. You can test in the January–February, May–June, or September–October windows. 

Once you’ve decided when you want to test, you’ll schedule your appointment on Prometric’s website Opens in new window, where you’ll choose your testing center location and your appointment date and time. 

Rescheduling or canceling CMA exam dates

Life happens, and you may not be able to take your exam on the date you originally scheduled it for. The good news is you have options if you need to cancel or reschedule your CMA exam date. 

Rescheduling or canceling in a testing window

You can cancel or reschedule your appointment to a different date within the same testing window with the Reschedule/Cancel option on Prometric’s website Opens in new window. Have your confirmation number on hand and follow all steps as prompted to ensure your change or cancellation goes through.

Rescheduling to the next testing window

You can request to change to the next testing window for a $150 fee using IMA’s Exam Switch Form Opens in new window. You’ll need to provide your email, IMA member number, authorization number, and the reason you’re requesting to change. You’re required to cancel your existing appointment with Prometric first. 

See the following table for Prometric’s detailed rescheduling and cancellation policy.

CMA Exam Cancellation/Rescheduling Guidelines
Period Policy Fee
46 or more days before scheduled test date Cancellation/rescheduling permitted No fee
5 to 45 days before scheduled test date Cancellation/rescheduling permitted $70 fee
Less than 5 days before test date Cancellation/rescheduling not permitted Full exam fee forfeited
Fails to appear for the scheduled test Cancellation/rescheduling not permitted Full exam fee forfeited
Arrives 30 or more minutes after scheduled time Cancellation/rescheduling not permitted Full exam fee forfeited

How to create a CMA study plan based on your exam date

You shouldn’t pick an exam date at random and hope it will work. It’s important to make sure you plan ahead to give yourself enough time to study. You also don’t want to set your CMA exam date so far ahead in the future that you’re not motivated to put in at least 12 hours per week. (That’s the minimum we recommend for most candidates so you don’t forget what you learned at the beginning before you make it to the end).

A CMA study strategy is essential no matter what stage of the process you’re in. To help you create your CMA study plan, start by asking yourself these questions:

  • How familiar am I with the CMA exam material?
  • When was the last time I studied for an exam or took an accounting course?
  • How much available time do I have to study each week?
  • Do I have a deadline to become a CMA by?
  • How long can I concentrate in one sitting?
CMA Exam Part Average Study Time
Part 1 170 hours
Part 2 130 hours
Total 300 hours

Your study strategy should be tailored to meet your needs so that you can pass each part on your first try. Two of the most common approaches are creating a study plan based on your exam date or based on how many study hours you have available per week. We’ve broken down the steps for each approach below.

Creating a CMA study plan around a deadline

Once you’ve selected a CMA exam date, you’ll be able to create a study plan by working backwards from your deadline. Follow the steps below to create a study plan if you already have an exam date picked out.

Steps to create a deadline-based study plan

1. Determine how familiar you are with the CMA material and your study needs based on the answers to the questions provided above.

2. Get a calendar (digital or physical) and mark your exam date on the calendar.

3. Working backwards from your deadline, mark off any days you won’t be able to study.

Think about obligations you may have, holiday plans, or events that you have to attend.

4. Count the number of weeks from the time your studies will start to your deadline.

Refer to the chart above for the average hours spent studying per part. Divide the total number of hours by the number of weeks to get your study hours needed per week. For example, if you have 10 weeks to study for Part 1, you’ll need to study for 17 hours per week. 

Weeks where you have 3 or more days marked off should be counted as half weeks for this calculation. Determining your half weeks is not a one-size-fits-all rule. If you only study on Saturday and Sunday and one of those days is marked off, it might count as a half week. On the other hand, in that same scenario, you could mark off every weekday and still have most of your study hours available. Use your best judgement when determining half weeks.

5. Plan to begin your final review the week before your CMA exam date.

Your final review will be a great time to brush up on topics you haven’t practiced for a while and focus on any topics you’re struggling with. Plan to take a full-length practice exam at the beginning of this week and base your final review on the results of that exam.

6. Based on your calculations, set benchmarks on your calendar. You should have a benchmark every week to check your progress against.
For example, if you’re studying for 15 hours a week and your first three weeks are full weeks, you should be at least 25% done with your studies by the end of the third week. Write down “25% done” for the final day of that week and check your progress when you get there. The last week of final review is included in the average hours chart.

7. Write down important exam deadlines on your calendar.

  • Your scheduled exam date
    • This scenario assumes you have a testing day picked out as you’re working with a deadline. 
  • Testing window registration deadlines
    • February 15th, June 15th, October 15th
  • CMA exam rescheduling deadlines
    • 46 or more days before your appointment (no rescheduling fee)
    • 5 to 45 days before scheduled test date for a $70 rescheduling fee
  • Expected score release day
    • Your CMA score release date will be approximately two weeks from the end of the month you tested in.

8. As you make your way through your studies, mark your progress off on the calendar.

If you start to fall behind (missing 2 benchmarks in a row), you may need to adjust the remainder of your study plan. Do not abandon your study plan if you begin to miss benchmarks!

Readjusting your study plan involves the same steps as creating a new study plan, just using your remaining time.

9. As your exam day approaches, look at your recent benchmarks to determine whether you’ll be prepared before your CMA exam.

If you’re behind, you can still reschedule your CMA exam if you’re more than 5 days out from your testing date or cancel your existing appointment and pay the fee to move it to another testing window. 

When determining your schedule for the CMA exam, don’t plan to cram the days just before your test. Cramming for the CMA exam does not have a good success rate. You’ll need time to process and practice applying the concepts after learning them.

 

Creating a CMA study plan based on your available time

Rather than deciding how many hours per week you need to study based on your CMA exam date, some people may prefer to decide their exam date based on the amount of time they’re able to study per week.

If you choose this approach, you’ll want to select an exam date and schedule it as a part of this process. This will give you a deadline to work toward and help cement your exam prep as a priority. 

Steps to create an hours-based study plan

1. Use a calendar to mark off the days you won’t be able to study over the next few months.

2. Based on the number of hours you can study in a week, count out how many weeks it will take to reach the amount of study hours you’ll need.

On average, it takes 170 hours to prepare for Part 1 and 130 hours for Part 2. Weeks where you have days that account for half of your hours or more marked off should be calculated as a half-week.

3. Select a date to take your CMA exam.

You’ll want to select a CMA exam date near the beginning of a testing window so you have plenty of time to reschedule if needed. 

After you have selected a testing date, you can use steps 5 through 9 from the deadline-based approach to flesh out your study plan.

Use an adaptive study planner

You can also skip creating your own study plan and find a course that comes with an adaptive study planner, like ours! To use our study planner, all you’ll need to do is follow these steps.

1. Choose your start date and when you’d like to pass by.
2. Tell us how many hours you can study each day of the week.
3. Mark off days on the calendar you won’t be able to study.

Based on your answers, our course will create a custom study plan just for you and guide you step-by-step through the course so that you’re ready to pass by your selected CMA exam date.

It’ll automatically adjust as you work through the course, even if you miss a couple of days, work ahead, or decide you’d rather study a different topic for a while. Your performance on each topic is tracked separately, and it’s all viewable through the dashboard.

We’ll let you know when you’re ready to earn your passing score!

CMA study tips

Once you have a study plan, it’s important to stick to it so that you’ll be prepared by your scheduled CMA exam date. The last thing you want to have to do is reschedule your exam. 

So how should you prepare for test day? The most important thing is to complete your course, so most of your time should be spent studying wherever and however you study best. Then you want to make sure you’re as comfortable as possible in the testing center, so when you take practice exams, you’re practicing in the most realistic conditions possible. But to prepare for those things you can’t prepare for, spend some time studying outside of your comfort zone. Use a different chair, change the thermostat, or study in a coffee shop or library instead of at home.

It may seem silly, but getting used to focusing in different situations will help you eliminate one more hurdle on the road to passing the CMA exam.

We’ve outlined our best study tips to help you stay on track. 

What's the best way to study for the CMA exam?

Take 30-minute, 20-question quizzes as the foundation of your CMA exam studies. Use these quizzes to focus on your weak areas, but don’t ignore topics you’re familiar with—it’s important to keep reviewing material to keep it fresh in your mind.

Stick to your study schedule

Be sure to regularly check in on your study progress and compare it to your plan. If you’re falling behind, try to figure out why that is and adjust your plan accordingly. It isn’t a problem to adjust your schedule to account for needing longer to learn a tricky topic or having less time to study in a week than you’d thought.

The most important part is that you keep a plan and hold yourself to it. It’s much better to adjust your plan than it is to abandon it completely.

Review material after you’ve “completed” it

Don’t try to cram leading up to your CMA exam date. You’ll need to genuinely understand the topics in order to pass, and the best way to do that is to routinely review topics as you progress through your studies. This will take a topic from memorized to mastered and ensure that you have no trouble recalling material on exam day.

Reward yourself as you complete benchmarks

Give yourself a reward as you meet milestones in your studies. Whether it’s a special meal or a night out, it’ll help you stay motivated. Write down your rewards on your study calendar so you have something to look forward to.

Practice using exam-emulating software

Being comfortable with the look and feel of the CMA exam will help relieve exam-day stress. In addition, knowing how the exam interface works will keep you from wasting valuable time when you sit for the exam.

Take short breaks during your study sessions

Sitting down for 8 hours of studying is demanding, and it doesn’t work all that well long-term.

It’s much more manageable to break that studying up into smaller portions throughout your day. Study for an hour, take a short break (15-30 minutes), and then take a quiz on the topic you were studying. Then go back for another hour of study/review.

Breaking your studies into two-hour blocks will actually improve your long-term memory of topics. So even if you need to fit 8 hours of studies into one day, be sure to take breaks every few hours!

Find out where you study the best, but...

We can almost guarantee your testing environment won’t match your study environment exactly. The temperature will most likely be different (probably colder) than your home or office, the chair will become less comfortable during the 4 hours you’re there, and there will be other differences—possible distractions—you can’t replicate.

Staying motivated

Staying motivated is one of the most important parts of earning your CMA certification, so it’s important that you know which benefits you’re specifically looking for. This is the best way to keep your preparations in perspective and ensure your path to the CMA certification is a smooth one.

Passing the CMA exam takes a considerable investment, both financially and in opportunity costs, but the benefits of becoming a CMA are undeniable. Between the higher earning potential, upward mobility, increased job satisfaction, and recognition, there are plenty of reasons to become a Certified Management Accountant.

Frequently Asked Questions

About CMA Exam Dates

When should I schedule my CMA exam?

We recommend scheduling early for most candidates because having a due date can motivate you throughout your studies. However, it comes down to personal preference because some candidates study first and schedule their exams once they feel ready to pass. Read our list of pros and cons to help you decide when to schedule your exam

Can I take both parts of the CMA exam in the same testing window?

Yes, you can sit for both parts of the CMA exam within the same testing window, but it’s generally not recommended. Preparing for both simultaneously significantly increases your study load, and most candidates benefit from focusing their energy on one part at a time. If you do choose to take both in the same window, make sure your study plan accounts for the combined ∼300 hours of preparation.

Can I take the CMA exam remotely or online?

Currently, the CMA exam is only offered at Prometric testing centers—there is no remote or online proctoring option. When scheduling your appointment, you’ll select a testing center location near you through Prometric’s website.

If I fail the CMA exam, can I retake it in the same testing window?

You can only take an exam part once per testing window. If you need to retake a part, you’ll need to pay the exam fee again and schedule a new appointment through Prometric. Use your score report to identify your weak areas and adjust your study plan before rescheduling. Learn more about what to do if you fail on our page. 

How long do I have to pass both parts of the CMA exam?

Once you’ve enrolled in the CMA program, you have three years to pass both parts. If you don’t pass both parts within that window, you’ll need to re-enroll and pay the entrance fee again. This makes it important to select testing windows and build a study plan that keeps you on track to complete both parts well within the three-year limit.

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